The FBM KLCI reversed earlier gains and closed in negative territory due to weak market sentiment and lack of buying support, adds Rakuten Trade.
The Thai company is also known as the Tesla "giant of Thailand," and together with CFMB, they will form a JV company for greener mobility solutions
With the difficulty in getting approved loans, small business owners should consider other existing mediums to obtain financial assistance. Alternative financing for MSMEs is another avenue outside of traditional financial institutions that businesses should tap into.
On the home front, the FBM KLCI closed lower attributed to continued selling from the foreign funds. As sentiment is expected to remain cautious, we reckon the index to trend within a narrow range of 1,435-1,450 today.
The recent talks of the imminence of elections could shift the market focus to construction players, say analysts in the latest market report
Key regional markets closed broadly higher last Friday. Nikkei 225 and STI gained 0.53% and 0.91% to end at 28,214.75 and 3,262.95 respectively. Meanwhile, HSI and SHCOMP surged 2.69% and 0.82% to end at 19,362.25 and 3,262.05 respectively.
Funds raised from prominent institutions and angels to empower Malaysians towards a healthier financial future, says Versa